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2721 NW 1st Avenue
Miami, FL 33127

Wynwood First Avenue Assemblage · Land For Sale · 0.39 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
Total Lot Size 0.39 AC

DESCRIPTION

Development site for sale, in Wynwood’s northeast quadrant. The subject property offers developers with a unique opportunity to acquire a corner site in one of Miami’s fastest growing sectors. Situated within Wynwood’s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies. The assemblage offers developers with the ability to develop residential, short-term lodging projects, or a mixed- use project. The site allows for the development of up to 5-8 stories, 99 residential units, or 198 hotel/short term rentals. Additionally, the property is ideally located along the avenue, which provides a development with ample retail frontage facing the proposed Wynwood Woonerf. Retail spaces facing 1 st avenue will have excellent retail potential and garner premium rental rates. The location also offers immediate access to major transportation arteries and public transportation. Overall, this property presents an exciting opportunity for developers looking to enter the Wynwood market and would like to take advantage of the area’s thriving environment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-3125-029-0790
  • 01-3125-029-0800
  • 01-3125-029-0810
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,513,057

ZONING

Zoning Code T5-O | T5-L (Mixed-Use)
T5-O | T5-L (Mixed-Use)
  • Listing ID: 32309491

  • Date on Market: 2024-07-01

  • Last Updated:

  • Address: 2721 NW 1st Avenue, Miami, FL 33127

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